Tim Malone's Blog (11)

Turning FET Colleges into Centres of Innovation – follow up to the FET Conference 29-30 August 2012.

While one cannot argue that skills development is crucial for any country to alleviate poverty, and become and maintain competitive in today’s ever-changing environment, we have no idea what skills will be required in the future.

By the time learners studying for a technical qualification reach third year, half of what they learned in first year will be out of date! And of those now in Grade 10, at least half will find employment in a job that right now, doesn’t exist; half of the…


Added by Tim Malone on September 17, 2012 at 10:30 — No Comments

Redefining the meaning of success

There is an urgent need in the world, and particularly in countries like South Africa, for a new approach to business. An approach that moves from “profit for me” to “value for collective growth”.

In the USA, certified B Corporations are a new type of corporation which uses the power of business to solve social and environmental problems B Corps, unlike traditional businesses:

  • Meet comprehensive and transparent social and environmental performance standards
  • Meet…

Added by Tim Malone on September 12, 2012 at 13:34 — 5 Comments

Do accountants stifle innovation?

In an April 2011 article, the Institute of Chartered Accountants bragged that “A remarkable 32% of the chief executives of the JSE’s top 194 companies ranked by market capitalisation are chartered accountants”. With South Africa having dropped 16 places in the World Innovation Index from 2011 to 2012, this may not be a good thing!

There is evidence to suggest that traditional accounting procedures may stifle innovation in organisations

An Australian study of…


Added by Tim Malone on July 3, 2012 at 22:44 — No Comments

Disengaged employees could help the competition

Good practices around recognition and reward, culture management and talent management can make a big difference to the innovativeness of employees. There are many examples of how organisations fail to recognise and reward innovative employees.

Consider these two historical lost opportunities.

WALT DISNEY was fired from his position as an illustrator at the Kansas City Star – the reason given was that Disney “lacked…


Added by Tim Malone on July 3, 2012 at 12:02 — 8 Comments

Just about every company says it innovates. Yeah right!

Companies like to use the word "innovation" all the time. CEOs, Annual Reports and Press Releases are full of it. Businesses throw around the term to show they're on the cutting edge of everything from IT to customer service. But that doesn't mean the companies are actually doing any innovating. Instead they are using the word to convey everyday progress.

Innovation has become a cliché. Clayton Christensen, a professor at Harvard Business School and the author of 'The Innovator's…


Added by Tim Malone on May 25, 2012 at 16:00 — 2 Comments

Conventional knowledge skills no longer sufficient for workers

“Interpersonal communication and other so-called soft skills are what corporate recruiters crave most but find most elusive in M.B.A. graduates. The major business schools produce graduates with analytical horsepower and solid command of the basics – finance, marketing and strategy. But soft skills such as communication, creative thinking, leadership and a team mentality sometimes receive cursory treatment.” …


Added by Tim Malone on May 15, 2012 at 11:55 — No Comments

Creativity - No. 1 leadership competency of the future.

In 2010, the IBM Institute for Business Value identified creativity as the No. 1 leadership competency of the future. This indicates a growing role for creativity in driving organisational growth value and profit. There's little argument from business leaders that innovative thinking is needed for organisations to thrive and remain competitive, but how do business leaders deliberately foster this?

Building organisational…


Added by Tim Malone on May 14, 2012 at 11:07 — No Comments

Workplace creativity - can it be predicted?

o my knowledge, there is no scientifically validated process to accurately predict whether a person will be an effective creative thinker at work or not. I examined over 2500 jobs advertised on between February and April this year and found that over 35% of them required prospective employees to be “creative thinkers” or “innovative”. So, how are these organisations measuring this required competency?

The “creative industries” such as advertising and design typically look…


Added by Tim Malone on May 11, 2012 at 15:04 — No Comments

Please, stop talking about innovation …

Organisations devote an enormous amount of energy talking about the importance of innovation. But here’s the truth: most companies can’t innovate because everyone’s job is to maintain the status quo.

You and everyone else in your organisation is snowed under making sure you’re doing what your job description says you should be doing. And even if “innovation” is included as a KPI, few companies have an effective innovation…


Added by Tim Malone on May 10, 2012 at 21:50 — 18 Comments

Hang on to your creativity.

I recently delivered a short talk on 'Creative Leadership' to a group of Grade 7 students on the occasion of their Valedicition. I asked their parents to raise their hands if they believed they were creative — two or three hands were reluctantly lifted. I then asked the children the same question and every single one of them thrust their hands skyward with great enthusiasm. The parents all clapped and it was a wonderful moment.

There is however a depressing side to this story and it's…


Added by Tim Malone on January 10, 2012 at 1:13 — 1 Comment

Perfect solutions through creative thinking

This is a moral/ethical dilemma that was once used as part of an actual job application.

You are driving down the road in your car on a wild, stormy night, when you pass by a bus stop and you see three people waiting for the bus:

1. An old lady who looks as if she is about to die.

2. An old friend who once saved your life.

3. The perfect partner you have been dreaming about.

Which one would you choose to offer a ride to, knowing that…


Added by Tim Malone on September 15, 2011 at 21:51 — No Comments

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